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Microsoft, AI and FTC
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
FTC flags Microsoft-OpenAI deal over potential AI market dominance
The FTC report revealed that at least one of the big tech companies accessed "confidential and potentially sensitive financial performance information" as part of its deal with an AI start-up. This included weekly updates on revenue trends and customer activities.
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
FTC examines AI deals between Microsoft & OpenAI, Amazon, Google & Anthropic
The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.
Genshin Impact, FTC
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to block players under 16 years old from making in-game purchases without parental consent in order to settle a complaint from the Federal Trade Commission.
Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
Genshin Impact Developer Agrees to $20M Fine Over Loot Box Violations
In press release by the FTC, the agency announced that the makers of Genshin Impact "has agreed to pay $20 million and to block children under 16 from making in-game purchases wit
PepsiCo, FTC
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
Outgoing agency Chair Lina Khan has filed a raft of measures during her last week in office.
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
FTC sues Pepsi for illegal pricing practices, driving inflation
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
PCMag on MSN
1h
FTC: Companies Are Using Your Data to Set Individualized Prices
The FTC report says that "Americans deserve to know how their private data is being used to set the prices they pay and ...
2d
FTC's 'click to cancel' just kicked in, but unsubscribing may not get easier just yet - here's why
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for ...
1d
FTC Takes On Deere & Co. In New Right-To-Repair Fight
The agency filed suit against Deere over its software repair tool, only available to authorized repair shops, which has led ...
1d
on MSN
FTC Says Consumer Data Is Behind ‘Surveillance’ Pricing
Major retailers can tailor prices based on customer data including location, demographics or shopping history, the US Federal ...
1d
on MSN
Private-Equity Firm Welsh Carson Settles FTC Monopolization Case
The regulator revived claims that the firm tried to monopolize the Texas anesthesia-provider market after a judge had ...
42m
on MSN
'Inappropriate and dangerous': What will happen if TikTok is bought by tech billionaires?
Elon Musk reportedly considered buying TikTok ahead of a US-wide ban. But what would it mean for society if "broligarchs" ...
centerforbiosimilars
57m
FTC Releases Second Report on PBMs Meddling in Generic Drug Markets
The 3 largest pharmacy benefit managers (PBMs) increased many specialty generic drugs prices by hundreds of percent, with ...
1h
Bassinet backlash reflects debate over adding fees to connected devices
Some experts see the addition of subscription fees to the popular Snoo bassinet as an example of how the smart device ...
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